Show notes
US equity and bond markets were CLOSED overnight in observance of the Presidents Day holiday.
On the geopolitical front, tensions between the US and China were ratcheted up as US Secretary of State Antony Blinken warned top Chinese diplomat Wang Yi of consequences should Beijing provide material support to Russia's invasion of Ukraine after the men met on the sidelines of the Munich Security Conference.
London's FTSE 100 edged +0.12% higher, with the major miners enjoying a solid session. Anglo American Plc rose +3.99%, Glencore Plc +1.96% and Rio Tinto Plc +2.97%. Antofagasta Plc (up +1.70%), HSBC Group Holdings Plc (-0.06%), Intercontinental Hotel Group Plc (unchanged) and Smith & Nephew Plc (up +0.56%) release full year results tonight AEST (21 February), while Virgin Money UK hosts its Annual General Meeting (AGM). In UK economic data, flash readings of the S&P Global/CIPS Manufacturing Services PMIs for February are released tonight AEST.
On the geopolitical front, tensions between the US and China were ratcheted up as US Secretary of State Antony Blinken warned top Chinese diplomat Wang Yi of consequences should Beijing provide material support to Russia's invasion of Ukraine after the men met on the sidelines of the Munich Security Conference.
London's FTSE 100 edged +0.12% higher, with the major miners enjoying a solid session. Anglo American Plc rose +3.99%, Glencore Plc +1.96% and Rio Tinto Plc +2.97%. Antofagasta Plc (up +1.70%), HSBC Group Holdings Plc (-0.06%), Intercontinental Hotel Group Plc (unchanged) and Smith & Nephew Plc (up +0.56%) release full year results tonight AEST (21 February), while Virgin Money UK hosts its Annual General Meeting (AGM). In UK economic data, flash readings of the S&P Global/CIPS Manufacturing Services PMIs for February are released tonight AEST.